NOT LISTED FOR SALE

26312 Alger Blvd Madison Heights, MI 48071

Estimated Value: $189,000 - $199,000

3 Beds
1 Bath
1,141 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $86,000 $75 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,313/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • 2.5 Car Detached Garage
  • 1-minute walk to Huffman Park

About This Home

As of October 2019

3b1ba ranch home with oversized 2 car detached garage. Freshly paint throughout, newly remodeled kitchen: new cabinets, under-mount SS sink, and granite counter top. Bianco ceramic tiles in kitchen and bathroom. New vanity, medicine cabinets, toilet etc in bathroom. House sits across Huffman park, mins from the vibe of Royal Oak. Close to 696 and I-75, stores, restaurants, and the bus line. Stove, fridge, range hood, washing machine and dryer included. Min 1 year lease. Monthly gross income must be 3x rent or greater. Min credit score 640. No tobacco or marijuana smoking. May consider up to 2 non-aggressive pets less than 15lb each with a pet fee. Requires renter's insurance. $20 application fee per adult applicant. 1.5 month's security deposit, first month rent and a non-refundable cleaning fee of $175 due at closing. All measures approx. Application must include 1) completed rental application forms 2) proof of income & employment 3) gov issued ID 4) Valid SSN. Easy showing.

Last Agent to Rent the Property

Kevin Zhou

1st Michigan Realty LLC License #6506047685 Listed on: 08/31/2019

Co-Listed By

Bill Wang

1st Michigan Realty LLC License #6502384635

Last Renter's Agent

Kevin Zhou

1st Michigan Realty LLC License #6506047685 Listed on: 08/31/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 1947 | Remodeled in 2019

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x41.70

Home Design

  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 1,141 Sq Ft Home
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Free-Standing Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • On-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Security Deposit $1,725
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 20.00
  • Assessor Parcel Number 2523277009

Community Details

Overview

  • No Home Owners Association
  • Stephenson Super Highway Sub No 2 Madison Hts Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,126

Year Built

Built in 1947 | Remodeled in 2019

Lot Details

0

Rental Info

  • Application Fee: 20.00
  • Lease Type: Single Family House
  • Rent Includes: Trash Collection (Garbage Pickup)
  • Security Deposit: 1725.00
  • Tenant Amenities: Laundry On Site

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1947
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions | Number Limit | Size Limit | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s)
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Range Hood, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1141
  • Total Sq Ft: 1141

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum
  • Exterior Features: Chimney Cap(s)
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes
  • MF Parking: Assigned Spaces, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, High Efficiency Sealed Combustion
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 175.00

Schools

  • School District: Madison (Madison Hts.)

Lot Info

  • List Price per Acre: 8846.1538
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X41.70
  • Parcel Number: 2523277009

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Nov 20, 2019
Sold by
Zhou Chen
Bought by
Raintree Investments 1 Llc
Seller's Agent
Kevin Zhou
1st Michigan Realty LLC
Buyer's Agent
Kevin Zhou
1st Michigan Realty LLC
Sold Price
$1,150
Current Estimated Value
$193,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,910
Original Mortgage
$89,250
Outstanding Balance
$78,703
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$114,357

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 12, 2019
Sold by
Hendrixson Gregory S and Hendrixson Karen A
Bought by
Zhou Chen
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
Kevin Zhou
1st Michigan Realty LLC
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Jul 25, 2018
Sold by
Gakh Properties Mi Llc
Bought by
Henderson Gregory S and Henderson Karen A

Purchase Details

Closed on
Jan 6, 2017
Sold by
Gakh Holdings Llc
Bought by
Gakh Properties Mi Llc

Purchase Details

Closed on
Oct 14, 2016
Sold by
Expansion Properties Llc and Walker Sean
Bought by
Galj Holdings Llc

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 17, 2015
Sold by
John Graham Inc
Bought by
Expansion Properties Llc
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
Sold Price
$1,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$54,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 19, 2015
Sold by
Pegasus Development Llc and Macdonald Scott
Bought by
John Graham Inc
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
Scott MacDonald
Tradewinds Development Group, LLC
List Price
$34,000
Sold Price
$34,900
Premium/Discount to List
$900
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 24, 2014
Sold by
Us Bank National Association
Bought by
Pegasus Developmen Llc
Seller's Agent
Randal Newhouse
Randy Newhouse Realty
Buyer's Agent
Randal Newhouse
Randy Newhouse Realty
List Price
$34,000
Sold Price
$17,615
Premium/Discount to List
-$16,385
-48.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.59%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Garges Marie B
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 27, 2001
Sold by
Kobel Michael D
Bought by
Garges Marie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
7.16%

Purchase Details

Closed on
May 8, 1998
Sold by
Kobel Michael D
Bought by
Kobel Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raintree Investments 1 Llc -- None Available
Zhou Chen $86,000 Fidelity National Title
Henderson Gregory S -- None Available
Gakh Properties Mi Llc -- None Available
Galj Holdings Llc $66,050 None Available
Expansion Properties Llc $68,000 None Available
John Graham Inc $31,500 Leading Edge Title Agency
Pegasus Developmen Llc $17,615 None Available
U S Bank National Association $120,930 None Available
Garges Marie B $95,000 --
Kobel Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Chen $89,250
Previous Owner Expansion Properties Llc $54,000
Previous Owner Gargers Marie B $125,400
Previous Owner Garges Marie B $112,500
Previous Owner Garges Marie B $98,940
Previous Owner Garges Marie B $94,254
Previous Owner Kobel Michael D $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Rented $1,150 0.0% --
09/26/2019 09/26/19 Under Contract -- -- --
09/11/2019 09/11/19 Price Changed $1,150 -2.1% $1 / Sq Ft
08/31/2019 08/31/19 For Rent $1,175 0.0% --
07/12/2019 07/12/19 Sold $86,000 -4.3% $75 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $89,900 0.0% $79 / Sq Ft
02/26/2018 02/26/18 Rented $1,025 0.0% --
02/15/2018 02/15/18 Under Contract -- -- --
02/01/2018 02/01/18 For Rent $1,025 +2.5% --
04/29/2015 04/29/15 Rented $1,000 0.0% --
04/18/2015 04/18/15 Under Contract -- -- --
04/10/2015 04/10/15 For Rent $1,000 0.0% --
03/02/2015 03/02/15 Sold $34,900 +2.6% $31 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $34,000 +93.0% $30 / Sq Ft
06/21/2014 06/21/14 Sold $17,615 -48.2% $15 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $34,000 -- $30 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,126 $81,880 $0 $0
2023 $2,996 $75,350 $0 $0
2022 $3,583 $66,280 $0 $0
2021 $3,478 $59,960 $0 $0
2020 $2,943 $54,300 $0 $0
2019 $2,777 $46,510 $0 $0
2018 $2,736 $38,980 $0 $0
2017 $2,862 $38,980 $0 $0
2016 $2,263 $34,230 $0 $0
2015 -- $29,920 $0 $0
2014 -- $26,610 $0 $0
2011 -- $32,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219089864

Realcomp

APN: 25-23-277-009